LO3, 4,5 15 Recording transactions The following information pertains to Avon Challenge Rafting Company in January: 2nd Issued shares to investors for $25000. 3rd Purchased $3500 of supplies on account. 4th Paid rent for January $1200. 9th Invoiced a customer $7000 for services provided. 16th Paid $1500 cash to supplier for the purchase on the 3rd. 24th Borrowed $10000 from local bank. 26th Received payment for billing made on the 9th. REQUIRED Prepare journal entries for each transaction (omitting explanations). b Post the journal entries to their appropriate ledger (T) accounts and prepare a trial balance at 31 January. a